ALL BANKING PRODUCTS
COMPANY: After the Antwerp Diamond Bank (subsidiary of KBC) halted it's banking activities for the diamond sector, ABNAMRO Bank is the only Belgian bank left for the diamond industry. This results in arbitrary pricing and conditions. Even this bank does not accept new clients anymore. ABNAMRO Bank has also stated that it is unsure whether it would continue it's diamond activities, resulting in a lack of security.
INDIVIDUAL / DIRECTOR: no Belgian bank is willing to open an account or extend mortgages/loans to individuals related to the diamond industry, this is a unacceptable situation !!
Don't want to get involved in so-called "high-risk" clients
At the moment the existing accounts are still functioning, for how long??
PINKUSEWITZ DIAMOND TRADERS NV